“Thinking about what store of value assets will be winners in ten years’ time, [Jones] stated “at the end of the day, the best profit-maximizing strategy is to own the fastest horse. Just own the best performer and not get […]
Holders of the stablecoin lost about $8 million during forced liquidations (I wrote about this last week). But, it survived, which is probably the more interesting point. | learn more
About $8 million was withdrawn from the stablecoin system on March 12th and 13th. “This problem arose not because of a sharp drop in price and the lack of collateral, but due to manipulations of initiative keepers (liquidators).” | learn more
When bad news hits, risk assets are sold off in a hurry. Then, investors and traders reevaluate and start thinking more critically about what to buy. Bitcoin sold off along with everything else, and now it’s starting to recover. Meanwhile, […]
I guess that’s a pretty small percent? I wonder how it compares to US Dollars. | learn more
The insurance policies use tokens and are governed by blockchain voting and economics. There was recently a payout due to an attack on bZx. It’s interesting to see this take place with real money rather than crypto-economic theory. | learn more
He created the Bitcoin mixer Helix, which obfuscates the origin of the cryptocurrency. The DOJ considers this a “money transmitting and money laundering business.” This major potential precedent could (should?) drive more U.S. developers to build anonymously. | learn more
This is both thorough and easy to skim. As a reminder, NFTs are Non-Fungible Tokens like Cryptokitties from 2017. | learn more
A no-loss lottery, a protocol for “flash loans” (that I don’t understand) and streaming money. | learn more
“Akon says he has signed an agreement with the government of Senegal to build a city with a cryptocurrency-based economy named Akon City.” | learn more